Citigroup is a founding member of the Equator Principles, voluntary guidelines based on World Bank and International Finance Corporation (IFC) policies to evaluate environmental and social risks related to financing development projects.

The International Finance Corporation, the private sector arm of the World Bank Group, promotes sustainable private sector investment in developing and transition countries, helping to reduce poverty and improve people's lives.

The second tranche for US$150 million is from a group of multilateral and industry finance institutions, of which the Mandated Lead Arrangers is comprised of Caterpillar Financial SARL ("Caterpillar"), Export Development Canada ("EDC"), International Finance Corporation ("IFC") and Mitsubishi Corporation ("Mitsubishi").

While working for the International Finance Corporation (the private finance arm of the World Bank), education policy professor James Tooley of the University of Newcastle upon Tyne stumbled across a network of "underground" private schools for the poor in a number of third world countries.

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